(a) Assigned / Re-affirmed “ICRA AA- (Stable)” rating for long-term Bank facilities of Rs.556 crore. Outlook on the long-term rating is revised from Positive to Stable.

(b) Assigned / Re-affirmed “ICRA A1+” rating for short-term Bank facilities of Rs.425 crore;

(c) Re-affirmed "ICRA A1+" rating to the existing Rs.300 crore Commercial Paper programme of the Company.